CNS Canada — The ICE Futures Canada canola market faces a slew of uncertainty as political turmoil in international trade markets and a looming report from Statistics Canada keeps traders guessing where the market is headed. “The craziness of the White House is the main focus. How will it affect the markets?” said Keith Ferley […] Read more

CNS Canada — The Chicago Board of Trade soybean market is in recovery mode following a wild day where contracts hit nearly a 10-year low. “It was one of the craziest days we’ve seen in recent memory yesterday. And volume was just absolutely through the roof,” said Terry Reilly, a senior commodity analyst with Futures […] Read more

As July approaches and crop canopies close, sclerotinia will be on the minds of many canola growers. But will it pay to spray? Fungicide applications are more likely to be profitable when the canola hits 30-40 bushels per acre, said Colleen Redlick, senior technical development specialist at BASF. Justine Cornelsen, agronomy specialist with the Canola […] Read more

Chicago | Reuters — U.S. soybean and corn futures ended nearly flat on Wednesday, consolidating one day after the front soybean contract plunged to a near 10-year low on trade tensions and favorable Midwest crop weather, analysts said. Chicago Board of Trade wheat futures rose more than two per cent in technical moves, including traders […] Read more

CNS Canada — Canola crush margins have deteriorated over the past few months to hit some of their weakest levels of the past two years. However, domestic processors continue to show good demand despite their declining profit margins. As of Monday, the Canola Board Crush Margin calculated by ICE Futures Canada was about $44 above […] Read more

Toronto | Reuters — Canada’s upper house of Parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis. The Senate voted 52-29 in favour of the revised bill from the House of Commons, paving the way for […] Read more

CNS Canada — The western Canadian lentil crop is looking good, which has buyers in no rush to lock in contracts. “The crop is germinating well and so (buyers are) not really anxious or worried about having product available in this coming crop year,” said Marlene Boersch, of Mercantile Consulting Venture. Thursday’s crop report from […] Read more

Chicago | Reuters — U.S. soybean futures plunged to their lowest level in nearly a decade on Tuesday as escalating trade tensions between the U.S. and China, the world’s biggest soy buyer, prompted fund-driven selling, analysts said. Corn and wheat followed broad declines in the commodity sector. Favourable weather in the Midwest bolstered corn and […] Read more

The Canadian business of Scottish soup and condiment maker Baxters Food Group is back in Canadian hands, including private, public and labour-sponsored Quebec investors. Provincial venture capital firm Investissement Quebec and labour-sponsored Fonds de solidarite FTQ and Fondaction announced Tuesday they would each put up $8 million, plus an unspecified amount from investors led by […] Read more